business strategy

Results 1 - 10 of 19
Post date: May 24, 2017
Here’s the sad truth: The demand for HR reporting is insatiable. Accurate HR reporting is vastly harder than managers think it is. Most HR reports add little or no value. Let me underline that last point of “little or no value.” A manager at one of my workshops shared a story: An employee doing HR...
Post date: March 8, 2018
The iconic image for business strategy is the hockey stick. The hockey stick illustrates that in a new ventures, with an initial investment and a short-term tolerance of loss, revenue and profits will eventually skyrocket. But not all business strategies lead to this desired effect. In fact, a...
Post date: May 14, 2019
A few years ago, I observed a Fortune 100 company design and implement their new HR business partner program (I’ll call the organization Company X). After promoting generalists and hiring some external candidates to fill the HRBP positions, Company X’s training department scheduled quarterly...
Post date: May 23, 2019
Strategy and organization design demand strategic thinking skills, which enable differentiation. Among the many elements of strategic thinking—such as the ability to see the big picture, idea generation, trend interpretation, or data and analytics—there is one critical factor that sometimes gets...
Post date: May 24, 2016
This is the second article of a four-part series for SHRM People + Strategy on next generation performance management. To find out why next generation performance management is the way of the future, read Part 1 of the series. In the first article of our four-part series, we explained why adopting...
Post date: May 12, 2016
For decades, economists have understood that the market valuation of a company is quite different from its official book value. Baruch Lev (2001) observed that for every $6 in market value only $1 is recorded on a formal balance sheet. More recently, McGuire and Brenner (2015) made the similar...
Post date: August 23, 2017
If you were a fly on the wall at a meeting and listening to the CEO and CFO voice concerns to the CHRO, you might hear something like this: “Our people need to be more commercially aware;” “Our people need better commercial acumen;” “Why don’t our people think more commercially?” But what does this...
Post date: January 24, 2019
In enterprises across the globe, the HR function is transforming: coming out from behind the scenes to play a leading role as the strategic business partner. This is more apparent than ever in HR’s role in helping organizations reskill their workforce and finding the talent required for the digital...
Post date: May 10, 2016
A business-focused approach to employee surveys is grounded in best practices from opinion survey research and has been field-tested in organizations large and small. Below we will outline the key steps in this process, and share a case study example to better illustrate the process and reveal the...
Post date: July 7, 2016
This is the first of a four-part series looking at the dynamics of today’s workforce and how demographic shifts are impacting the workplace. In this article, we explore the challenges a graying workforce presents to employers, and how companies can proactively develop plans to accommodate this...